Crescent Grove Advisors LLC Buys 218 Shares of SPDR Gold Shares (NYSEARCA:GLD)

Crescent Grove Advisors LLC raised its stake in shares of SPDR Gold Shares (NYSEARCA:GLD) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,184 shares of the exchange traded fund’s stock after acquiring an additional 218 shares during the quarter. Crescent Grove Advisors LLC’s holdings in SPDR Gold Shares were worth $1,497,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new position in SPDR Gold Shares in the third quarter valued at about $28,000. Capital Performance Advisors LLP bought a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $35,000. Pittenger & Anderson Inc. bought a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $38,000. Sugarloaf Wealth Management LLC boosted its holdings in shares of SPDR Gold Shares by 78.9% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 71 shares in the last quarter. Finally, Maryland Capital Advisors Inc. bought a new stake in SPDR Gold Shares during the 3rd quarter worth approximately $40,000. Institutional investors and hedge funds own 42.19% of the company’s stock.

SPDR Gold Shares Trading Up 0.6 %

Shares of GLD opened at $255.65 on Friday. The stock has a fifty day moving average price of $245.31 and a two-hundred day moving average price of $239.43. SPDR Gold Shares has a 52-week low of $183.78 and a 52-week high of $257.71.

About SPDR Gold Shares

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).